WDCX vs. TSMG

Last updated Jun 4, 2026

WDCX (Tradr 2X Long WDC Daily ETF) and TSMG (Leverage Shares 2X Long TSM Daily ETF) are both Leveraged Equities funds. WDCX is passively managed, while TSMG is actively managed. At a 0.48 correlation, their price movements are largely independent. WDCX charges 1.49%/yr vs 0.75%/yr for TSMG.

Performance

WDCX vs. TSMG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tradr 2X Long WDC Daily ETF (WDCX) and Leverage Shares 2X Long TSM Daily ETF (TSMG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

WDCX

• 1D: 11.34%
• 1M: 74.95%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TSMG

• 1D: -4.26%
• 1M: 15.77%
• YTD: 86.06%
• 6M: 95.35%
• 1Y: 297.71%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

WDCX vs. TSMG - Yearly Performance Comparison

	2026 (YTD)
WDCX Tradr 2X Long WDC Daily ETF	346.72%
TSMG Leverage Shares 2X Long TSM Daily ETF	52.44%

Correlation

The correlation between WDCX and TSMG is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 28, 2026	0.48

Return for Risk

WDCX vs. TSMG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TSMG

TSMG Risk / Return Rank: 89
TSMG Sharpe Ratio Rank: 96
TSMG Sortino Ratio Rank: 83
TSMG Omega Ratio Rank: 76
TSMG Calmar Ratio Rank: 95
TSMG Martin Ratio Rank: 94

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

WDCX vs. TSMG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long WDC Daily ETF (WDCX) and Leverage Shares 2X Long TSM Daily ETF (TSMG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	WDCX	TSMG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	4.18	—
Sharpe Ratio (All Time) Calculated using the full available price history	48.43	1.69	+46.74

Drawdowns

WDCX vs. TSMG - Drawdown Comparison

The maximum WDCX drawdown since its inception was -38.58%, smaller than the maximum TSMG drawdown of -63.67%. Use the drawdown chart below to compare losses from any high point for WDCX and TSMG.

Drawdown Indicators

	WDCX	TSMG	Difference
Max Drawdown Largest peak-to-trough decline	-38.58%	-63.67%	+25.09%
Max Drawdown (1Y) Largest decline over 1 year	—	-35.29%	—
Current Drawdown Current decline from peak	0.00%	-4.26%	+4.26%
Average Drawdown Average peak-to-trough decline	-9.67%	-16.98%	+7.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	10.79%	—

Volatility

Volatility by Period

	WDCX	TSMG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	23.14%	—
Volatility (6M) Calculated over the trailing 6-month period	—	55.07%	—
Volatility (1Y) Calculated over the trailing 1-year period	148.88%	71.74%	+77.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	148.88%	81.06%	+67.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	148.88%	81.06%	+67.82%

WDCX vs. TSMG - Expense Ratio Comparison

WDCX has a 1.49% expense ratio, which is higher than TSMG's 0.75% expense ratio.

Dividends

WDCX vs. TSMG - Dividend Comparison

WDCX has not paid dividends to shareholders, while TSMG's dividend yield for the trailing twelve months is around 6.17%.

Position	TTM	2025
TSMG Leverage Shares 2X Long TSM Daily ETF	6.17%	11.48%
WDCX Tradr 2X Long WDC Daily ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both WDCX and TSMG in my portfolio?

WDCX and TSMG have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WDCX or TSMG?

On fees, TSMG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WDCX or TSMG?

TSMG is cheaper with a 0.75% expense ratio, compared with 1.49% for WDCX.

Which ETF pays a higher dividend yield, WDCX or TSMG?

TSMG has the higher dividend yield at 6.17%, compared with 0.00% for WDCX.

What is the main difference between WDCX and TSMG?

They also come from different issuers: Tradr and Leverage Shares. Their fees differ too: 1.49% for WDCX and 0.75% for TSMG.